Huttig Building Products, Inc. distributes millwork, building materials, and wood products for new residential construction, home improvement, remodeling, and repair work in the United States. It offers various millwork products, such as exterior and interior doors, pre-hung door units, windows, patio doors, mouldings, frames, stair parts, and columns under the Therma-Tru, Masonite, Woodgrain Doors HB&G, Simpson Door, Windsor Windows, and Rogue Valley Door brand names. The company was founded in 1885 and is based in St. Louis, Missouri.
HBP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HBP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Huttig Building Products Inc ranked in the 92th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for HBP, they are:
The company's balance sheet shows it gets 40% of its capital from equity, and 60% of its capital from debt. Its equity weight surpasses that of merely 14.65% of free cash flow generating stocks in the Industrials sector.
Huttig Building Products Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Huttig Building Products Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.41. This coverage rate is greater than that of only 18.98% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ESOA, XPO, POWL, CVLG, and ASTE can be thought of as valuation peers to HBP, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Huttig Building Products (HBP) fell 3.7% after Mill Road Capital withdrew its offer to acquire the company, according to a regulatory filing.Mill Road writes that despite its willingness to ``significantly'' improve its most recent proposal on Oct. 14, it has reached the conclusion that ``constructive discussions'' are not possible and therefore...
Third Quarter 2020 Highlights (as compared to prior year quarter): * Net sales of $212.7 million compared to $215.7 million * Reduced operating expenses by 13.5% to $35.8 million * Operating income increased to $6.9 million compared to $3.3 million * Generated cash from operations of $25.4 million compared to $9.6 million * Adjusted EBITDA increased to $8.5 million compared to $5.3 million * Total liquidity increased to $69.8 million compared to $46.5 million a year ago * Reduced indebtedness by $51.9 million compared to a year ago ST. LOUIS, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (“Huttig” or the “Company”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the third q...
Huttig Building Products (NASDAQ: HBP ) shares are trading higher on Thursday after Mill Road raised its acquisition offer for the company to $4 per share. Huttig Building Products is … Full story available on Benzinga.com